Question
When the Profitability Index is less than 1, the Initial Investment must be _________ to the present value of future cash flows (PVFCF). A. greater
When the Profitability Index is less than 1, the Initial Investment must be _________ to the present value of future cash flows (PVFCF).
| A. | greater than | |
| B. | less than | |
| C. | equal to | |
| D. | not enough information |
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
